Crowdfunding has enormous potential to help you get your idea off the ground, but you may be wondering where to start. There are so many sites out there dedicated to funding everything from movies to smartphones. How does your business idea fit in? Keep in mind that there are pros and cons to each crowdfunding platform, so before you settle on the one that could launch your career, make sure it’s in line with the vision you have for your company. Once it’s out there it can take on a life of its own, so it’s a good idea to know what you’re getting into from the get-go. (more…)
This answer may hurt a little.
The startup world’s definition of traction is one of the fastest evolving ideas that is affecting investors’ decisions on funding-worthy enterprises as of late.
In actuality, the meaning of traction has evolved over the past ten years. Surely, not all startups have the same definition or degree of traction, and not all startups can boast about the same results. But many of the elite entrepreneurs who have outperformed the competition have a very similar conception… to an astounding degree! (more…)